There is so much more to consider than just the price of the property.I see numerous red flags from what I am reading.

Yes, Joel is so correct.

As others have mentioned, your relatives could fax or email your statement to you, witch would involve a little effort on their part, but would still work.The reason the banks wants to see the proof right now is so they know that you have the money in the bank, witch means you are able to go to closing.

But for everything else, there is so much demand for props by rehabbers in my area right now I can sell at the top.

So just because the previous owner says something does not mean it is so.

Everyone we know who owns a condo (none of them live in our complex) is so busy with their career/investments/problems they see their association as crap they don't want to think about, I pay my dues leave me alone.We have a few neighbors on the board, and that is good.

Someone that wants to rehab may be looking for more of a 1.5% to 2% rent ratio due to more upfront rehabbing costs.As is so often the case with real estate, the answer is "It Depends."

All of the appliances are new and match, but the counters/backslash are bland and the craftsmanship is so-so on the countertop tiles (the grout is uneven and some of the edge tiles are layed unevenly.

He is so happy selling retail, he has no desire to rehab/invest anylonger.You have the world before you , go get it.Don

Gives a nice strong look and the tenants always love it.Yes, that's exactly what it is. So